Sentinel Trust Co. LBA lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 48.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 400 shares of the business services provider’s stock after selling 369 shares during the period. Sentinel Trust Co. LBA’s holdings in Booking were worth $811,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Fortis Advisors LLC purchased a new position in Booking during the first quarter valued at approximately $104,000. MUFG Securities EMEA plc purchased a new position in Booking in the second quarter worth $109,000. Harvest Fund Management Co. Ltd grew its holdings in Booking by 86.7% in the second quarter. Harvest Fund Management Co. Ltd now owns 56 shares of the business services provider’s stock worth $114,000 after purchasing an additional 26 shares during the last quarter. First Personal Financial Services purchased a new position in Booking in the first quarter worth $119,000. Finally, First Manhattan Co. grew its holdings in Booking by 90.0% in the second quarter. First Manhattan Co. now owns 57 shares of the business services provider’s stock worth $115,000 after purchasing an additional 27 shares during the last quarter. Institutional investors own 93.04% of the company’s stock.

Several equities analysts have issued reports on the stock. ValuEngine raised shares of Booking from a “sell” rating to a “hold” rating in a report on Wednesday, August 22nd. Cowen set a $2,375.00 price target on shares of Booking and gave the stock a “buy” rating in a report on Saturday, August 11th. Jefferies Financial Group lowered shares of Booking from a “neutral” rating to a “hold” rating and set a $2,060.00 price target on the stock. in a report on Friday, August 10th. Credit Suisse Group reaffirmed a “buy” rating and issued a $2,100.00 price target (down from $2,250.00) on shares of Booking in a report on Friday, August 10th. Finally, DA Davidson set a $1,990.00 price target on shares of Booking and gave the stock a “hold” rating in a report on Friday, August 10th. Thirteen investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $2,154.45.

In related news, CEO Gillian Tans sold 295 shares of the business’s stock in a transaction on Monday, July 16th. The shares were sold at an average price of $2,030.98, for a total transaction of $599,139.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.24% of the company’s stock.

NASDAQ BKNG opened at $1,916.27 on Monday. The firm has a market cap of $89.06 billion, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 1.49 and a beta of 1.27. Booking Holdings Inc. has a 1 year low of $1,630.56 and a 1 year high of $2,228.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.92 and a quick ratio of 1.92.

Booking (NASDAQ:BKNG) last posted its earnings results on Thursday, August 9th. The business services provider reported $20.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $17.34 by $3.33. The company had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.45 billion. Booking had a net margin of 20.07% and a return on equity of 24.74%. The firm’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the firm posted $24.39 earnings per share. equities analysts predict that Booking Holdings Inc. will post 89.26 EPS for the current fiscal year.

About Booking

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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